WASHINGTON, D.C. (April 16, 2026) – In a new op-ed in The Washington Times, NFIB President Brad Close shares how Main Street is benefiting from the 20% Small Business Deduction being made permanent by the White House and Congress. Close describes how the deduction allows Main Street to keep more of their hard-earned money, giving owners the opportunity to invest in their businesses and communities.

Close writes:

“On April 15 last year, America’s small businesses faced the possibility of a massive tax increase at year’s end. It would have stalled job creation, reduced business investment and impeded the growth of the small-business economy.

“Now, thanks to the federal tax bill signed into law by President Trump over the summer, small-business owners have the permanent tax certainty and relief they need to expand their businesses this year and beyond.”

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“By leveling the playing field for small businesses and allowing them to keep more of their hard-earned money in the business, the small-business deduction did what it was intended to do. When the time came for the president and Congress to make this provision permanent, the millions of small businesses that benefited from the deduction made the decision clear.

“The small-business deduction has proved to be effective. According to the IRS, 25.7 million tax returns claimed the deduction in 2022, the last year for which data is available. An EY analysis shows that more than half of those claiming the deduction earned less than $100,000.

“The tax savings realized by these millions of businesses have allowed them to grow, hire, invest in their employees and businesses — and give back to their communities.”

[…]

“The threat of a tax hike this tax season has been replaced with long-term tax certainty for small businesses. This historic accomplishment by the White House and Congress deserves strong recognition and thanks from America’s small businesses.”

Read the full op-ed here.